Australian stock market up in mid-market trading, S&P/ASX 200 gaining 1.29%, various sectors performing differently.

From Nasdaq: 2025-01-15 21:44:55

The Australian stock market is up in mid-market trading, with the S&P/ASX 200 gaining 1.29% to 8,319.10. Major miners like BHP Group and Fortescue Metals are slightly up, while Rio Tinto is flat. Oil stocks are mostly lower, with Woodside Energy and Santos edging down. In the tech sector, Afterpay and Appen are up over 3%, while Zip is surging almost 7%. Big four banks like Commonwealth Bank and National Australia Bank are making gains. Gold miners like Gold Road Resources and Evolution Mining are up, while Resolute Mining is declining. The Australian economy added 56,300 jobs last month, with an unemployment rate of 4.0%. In the currency market, the Aussie dollar is trading at $0.622.



Read more at Nasdaq: Australian Market Trims Early Strong Gains In Mid-market